Hunting Given New GBX 900 Price Target at Deutsche Bank (HTG)
Stock analysts at Deutsche Bank dropped their price objective on shares of Hunting (LON:HTG) from GBX 1,000 ($16.40) to GBX 900 ($14.76) in a report issued on Monday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 16.05% from the stock’s previous close.
Hunting (LON:HTG) opened at 772.00 on Monday. Hunting has a 52 week low of GBX 719.00 and a 52 week high of GBX 947.14. The stock’s 50-day moving average is GBX 783.6 and its 200-day moving average is GBX 821.5. The company’s market cap is £1.130 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Hunting in a research note to investors on Wednesday, November 13th. They now have a GBX 1,100 ($18.04) price target on the stock. Separately, analysts at HSBC cut their price target on shares of Hunting from GBX 1,050 ($17.22) to GBX 1,000 ($16.40) in a research note to investors on Wednesday, November 13th. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. cut their price target on shares of Hunting from GBX 1,100 ($18.04) to GBX 1,060 ($17.39) in a research note to investors on Wednesday, November 13th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 926.67 ($15.20).
Hunting PLC is a holding company. The Company is an international energy services company, which manufactures and supplies products and services to the global energy industry.
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